First Citizens Bank in Franklin, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 01, 1994

  • First Citizens Bank in Franklin, Tennessee (TN)
  • Show street view No street view available for this location

First Citizens Bank - Overview

  • General
  • FDIC Certificate #: 27019
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank of Middle Tennessee, National Association (#33920)
    Federal Reserve ID: 782632
    Date Established: July 30, 1987
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 36463
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 30, 1987
    Last Structure Change Effective Date: September 01, 1994
    Last Structure Change Process Date: September 16, 1994
    Last Data Update: September 16, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 121 First Avenue South, Franklin, TN 37064
    County: Williamson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Nashville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Nashville, TN (#5360)
    Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
    Core Based Statistical Area (CBSA): Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
    CBSA Metro Statistical Area: Nashville-Davidson-Murfreesboro-Franklin, TN (#34980)
  • Financial Summary
  • Total assets: $37.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $25Total assets
  • $38,029Cash and due from depository institutions
  • $2,574Interest-bearing balances
  • $0Securities
  • $12,075Federal funds sold & reverse repurchase agreements
  • $2,131Net loans & leases
  • $18,007Loan loss allowance
  • $566Trading account assets
  • $0Bank premises and fixed assets
  • $2,563Other real estate owned
  • $144Goodwill and other intangibles
  • $535Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $38,029Total liabilities
  • $35,766Total deposits
  • $35,515Interest-bearing deposits
  • $31,053Deposits held in domestic offices
  • 35515.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $251Total equity capital
  • $251Total bank equity capital
  • $2,263Perpetual preferred stock
  • $0Common stock
  • $675Surplus
  • $1,903Undivided profits
  • Memoranda
  • $-315Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $29Income earned, not collected on loans
  • $113Earning assets
  • $32,213Long-term assets (5+ years)
  • $4,778Average Assets, year-to-date
  • $37,999Average Assets, quarterly
  • $37,777Volatile liabilities
  • $2,475Insider loans
  • $688FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,822Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,263Total risk weighted assets
  • $22,617Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,470Total interest expense
  • $1,182Net interest income
  • $1,288Provision for loan and lease losses
  • $291Total noninterest income
  • $341Fiduciary activities
  • $0Service charges on deposit accounts
  • $220Trading account gains & fees
  • $0Additional noninterest income
  • $121Total noninterest expense
  • $1,516Salaries and employee benefits
  • $647Premises and equipment expense
  • $339Additional noninterest expense
  • $530Pre-tax net operating income
  • -$178Securities gains (losses)
  • $5Applicable income taxes
  • $0Income before extraordinary items
  • -$173Extraordinary gains - net
  • $0Net income attributable to bank
  • -$173Net charge-offs
  • $164Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.70%Cost of funding earning assets
  • 3.68%Net interest margin
  • 4.01%Noninterest income to earning assets
  • 1.06%Noninterest expense to earning assets
  • 4.72%Net operating income to assets
  • -0.47%Return on assets (ROA)
  • -0.46%Pretax return on assets
  • -0.46%Return on equity (ROE)
  • -7.08%Retained earnings to average equity (YTD only)
  • -7.08%Net charge-offs to loans
  • 0.92%Credit loss provision to net charge-offs
  • 177.44%Efficiency ratio
  • 93,063Assets per employee
  • 1.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.05%Loss allowance to noncurrent loans
  • 1951.72%Noncurrent assets plus other real estate owned to assets
  • 0.45%Noncurrent loans to loans
  • 0.16%Net loans and leases to deposits
  • 50.70%Net loans and leases to core deposits
  • 54.50%Equity capital to assets
  • 5.95%Core capital (leverage) ratio
  • 6.00%Tier 1 risk-based capital ratio
  • 10.01%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $37,999Average earning assets
  • $2,442Average equity
  • $32,086Average loans

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